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Lot
2451

1873 2C Open 3 PR66 Red PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 9 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
1873 Open 3 Two Cent Piece, PR66 Red
Tied for Finest Certified
1873 2C Open 3 PR66 Red PCGS. The five cent nickel denomination proved much more popular than the two cent piece in the late 1860s. Mintages of the latter denomination declined steadily until 1873, the final year of the denomination, when only proof examples were produced. Two major varieties are known for the year, from the self-explanatory Open 3 and Closed 3 dies. The present coin is a representative of the less available Open 3 variety, with the knobs of the 3 distinctly separate. Walter Breen believed the Open 3 coins were restrikes, and they are listed as such in the Guide Book, with an estimated mintage of 500 pieces. Alternatively, some experts believe the Open 3 coins were included in the 500 silver proof sets delivered after July 21, 1873 containing the Trade dollar and With Arrows coins. The issue is scarce in all grades today, and very rare at the PR66 Red level.
The present coin features pristine surfaces, with light, fragile red color. Currently, NGC has certified only three coins in PR66 Red, with none finer; while PCGS has graded five coins in PR66 Red, with none finer (11/09).
From The Stan Burger Collection.(Registry values: N4719) (NGC ID# 2754, PCGS# 3656)

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